The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) closed at $61.56 down -4.08% from its previous closing price of $64.18. In other words, the price has decreased by -$4.08 from its previous closing price. On the day, 1.04 million shares were traded. EDU stock price reached its highest trading level at $63.19 during the session, while it also had its lowest trading level at $61.17.
Ratios:
For a deeper understanding of New Oriental Education & Technology Group Inc. ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.82 and its Current Ratio is at 1.85. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.12.
On November 07, 2023, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $81.Morgan Stanley initiated its Overweight rating on November 07, 2023, with a $81 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 07 ’24 when Hsieh Louis bought 21,363 shares for $61.87 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EDU now has a Market Capitalization of 10293201920 and an Enterprise Value of 97665736704. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.28, and their Forward P/E ratio for the next fiscal year is 14.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.17 while its Price-to-Book (P/B) ratio in mrq is 2.57. Its current Enterprise Value per Revenue stands at 21.008 whereas that against EBITDA is 180.428.
Stock Price History:
Over the past 52 weeks, EDU has reached a high of $97.23, while it has fallen to a 52-week low of $54.00. The 50-Day Moving Average of the stock is 1.00%, while the 200-Day Moving Average is calculated to be -13.99%.
Shares Statistics:
For the past three months, EDU has traded an average of 1.74M shares per day and 1221920 over the past ten days. A total of 165.51M shares are outstanding, with a floating share count of 157.08M. Insiders hold about 3.94% of the company’s shares, while institutions hold 42.04% stake in the company. Shares short for EDU as of 1734048000 were 6782801 with a Short Ratio of 3.90, compared to 1731628800 on 6132488. Therefore, it implies a Short% of Shares Outstanding of 6782801 and a Short% of Float of 4.8699997.
